SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
For the month of May
SCOTTISH POWER PLC
(Translation of Registrant’s Name Into English)
CORPORATE OFFICE, 1 ATLANTIC QUAY, GLASGOW, G2 8SP
(Address of Principal Executive Offices)
(Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.)
Form 20-F X Form 40-F
(Indicate by check mark whether the registrant by furnishing the information contained in this form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.)
Yes No X
(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- .)
FORM 6-K: TABLE OF CONTENTS
1. Notification by Scottish Power plc, dated May 23, of Repurchase of B shares
23 May 2006
This document should not be transmitted, distributed or released in or into any jurisdiction in which such an act would constitute a
violation of the relevant laws of such jurisdiction.
Scottish Power plc
Return of Cash - Repurchase of B Shares
Further to the announcement made on 22 May 2006, Scottish Power plc confirms that under the terms of Scottish Power plc's Return of
Cash, shareholders and ADS Holders could elect to sell B Shares at GBP3.60 per share, free of all dealing expenses and commissions,
pursuant to the Initial Repurchase Offer that was made by UBS and Morgan Stanley.
Valid elections to accept the Initial Repurchase Offer were received in relation to 240,324,768 B Shares (39 per cent. of issued B
Shares) and, accordingly, those B Shares were repurchased on 22 May 2006. All B Shares repurchased pursuant to the Initial Repurchase
Offer will be cancelled by Scottish Power plc. As a result of the Initial Repurchase Offer, there will be 383,539,981 B Shares
outstanding.
With respect to shareholders, it is expected that New Ordinary Share certificates, retained B Share certificates, sales advices,
cheques in respect of the Single B Share Dividend and /or B Shares purchased under the Initial Repurchase Offer, as appropriate, and
cheques for any fractional entitlements, will be despatched to relevant shareholders or relevant shareholders will have their CREST
accounts credited with the proceeds, as appropriate, on 5 June 2006.
With respect to ADS Holders, cheques and transaction advices are expected to be despatched and book-entry credits made on or after
12 June 2006 in respect of B Shares purchased under the Initial Repurchase Offer, the Single B Share Dividend and any fractional
entitlements.
Notes:
All capitalised terms shall have the meanings given to them in the Circular and the US Supplemental Memorandum, each dated 31 March
2006.
For further information:
Colin McSeveny Head of Media Relations 0141 566 4515
Jennifer Lawton Director, Investor Relations 0141 636 4527
END
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| /s/ Scottish Power plc | ||||
| (Registrant) | ||||
| Date: May 23, 2006 |
By: |
/s/ Donald McPherson | ||
| Donald McPherson | ||||
| Deputy Company Secretary | ||||